Economy News | Daily sun | 2019-07-21

UN chief urges G20 to make equitable financial reforms UN chief urges G20 to make equitable financial reforms

Antonio Guterres says that fast and equal economic growth should be constructed so that people who live in the 'rust belts' of the world are not left behind


Bangladeshis welcomed to invest in China Bangladeshis welcomed to invest in China

Promising high returns in line with the new laws and further opening up policies, a high-level Chinese official has invited investors from Bangladesh to China


SAARC Food, Seed Bank established SAARC Food, Seed Bank established

SAARC Secretary General Amjad Hussain B Sial  said SAARC has been able to establish the SAARC Food Bank


Bangladesh economic growth continues to be strong: IMF Bangladesh economic growth continues to be strong: IMF

Bangladesh has succeeded in fostering a dynamic and fast-growing economy with significant poverty reduction and the country’s economic growth


Loan for farmers at 4pc interest for non-major crops production: State Minister Loan for farmers at 4pc interest

 Farmers will be able to take loan at 4 percent interest for producing non-major food grains, said State Minister for Rural Development


Bangladesh must modernise public financial management in local govt: WB Bangladesh to empower local govt financially: WB

World Bank noted that the local government institutions play a limited role in delivering services due to limited decision-making and financial authority, lack of resources and staff, and weak capacity


Asian shares rise on optimism around Trump-Xi meeting

Asian shares rise on optimism around Trump-Xi meeting

The meeting is undoubtedly the economic highlight of the summit


IMF, World Bank chiefs address US plan for Palestinians IMF, World Bank chiefs address US plan for Palestinians

The heads of international financial institutions and global investors are addressing a conference intended…


Asian markets and gold drop, dollar boosted on Fed rate worries Asian markets and gold drop, dollar boosted on Fed rate worries

The weaker dollar put a cap on gold’s rally, with the yellow metal’s safe haven status in times of turmoil unable to stop it sinking from six-year highs


Cumilla youth shows how to farm fish in yard pools Cumilla youth shows how to farm fish in yard pools

Fish can grow in a pool without any chemical which is healthy and environment-friendly one


US billionaires' group calls for wealth tax US super-rich call for wealth tax

Among the 18 were a descendant of Walt Disney and the owners of the Hyatt hotel chain


Proposed tax on steel takes toll on construction industry Proposed tax on steel takes toll on construction industry

Overall development works in both public and private sectors will see a slower growth due to a huge potential impact on construction material costs


Bangladesh is looking for new markets aboard: FM Bangladesh is looking for new markets aboard: FM

The government has taken various initiatives to expand the country’s trade and investment abroad


US Fed says large banks prepared to withstand economic crisis US Fed says large banks prepared to withstand economic crisis

The Fed subjects banks to a potential global crisis in which the US economy contracts by eight percent and unemployment jumps to 10 percent


Finance Minister discloses names of top 300 loan defaulters Kamal discloses names of top 300 loan defaulters

The Finance Minister reveals the names of those loan defaulters in the parliament replying to a question from ruling Awami League MP Md Israfil Alam


Default loan Tk 1,02,315 crore as of December 2018: Finance Minister 'Default loan reached Tk 1,02,315 crore'

According to the CBS of the central bank of the country, the number of loan defaulters stood at 1,70,390 as of December 2018

 


US home sales climbed 2.5pc in May amid lower mortgage rates US home sales climbed 2.5pc in May amid lower mortgage rates

The recent gains likely came from reduced borrowing costs that made it easier to finance a home


Experts see Bangladesh’s bright growth potentials Experts see Bangladesh’s bright growth potentials

Even the Asian Development Bank (ADB) said Bangladesh has achieved the fastest growth in the Asia-Pacific economies comprised of 45 countries


SUJON for budgetary system reform SUJON for budgetary system reform

SUJON has emphasised on reflecting three fundamental aspects of the independence -- equity, human dignity and justice – in making and implementing financial policy


China's Xi pushes economic reform at North Korea summit Xi pushes economic reform at North Korea summit

Xi noted that the nation under leader Kim Jong Un had "initiated a new strategic line of economic development 


Dollar extends losses, Asia markets rally after Fed’s dovish tilt Dollar extends losses, Asia markets rally after Fed’s dovish tilt

The bank also dropped the word “patient” in describing its assessment of economic data, fuelling speculation of a reduction as soon as July


Bangladesh fastest-growing economy in Asia-Pacific: ADB

Bangladesh fastest-growing economy in Asia-Pacific: ADB

“Bangladesh will continue to be the fastest in the Asia-Pacific,” the bank says in its Asian Development Outlook (ADO)


Salt farmers to get ID cards Salt farmers to get ID cards

Industries Minister Nurul Majid Mahmud Humayun today told the Jatiya Sangsad that government would distribute ID cards among salt farmers 


Trans Mountain: Canada approves $5.5bn oil pipeline project Canada approves $5.5bn oil pipeline project

The decision could pose a challenge for PM Justin Trudeau as he heads into an election season likely to be fought in part over climate issues


UK businesses look for opportunities in Bangladesh UK businesses look for opportunities in Bangladesh

A delegation of British-Bangladeshi businesspersons is exploring investment opportunities in Bangladesh


Govt to build chemical warehouse in Gazipur Govt to build chemical warehouse in Gazipur

Total of 53 chemical storages will be built and all necessary safety measures in order to fight any fire hazards will be ensured


Inflation slightly rises to 5.6 per cent in May Inflation slightly rises to 5.6 per cent in May

Planning Minister MA Mannan releases the data


Asian markets mixed ahead of central banks' rate decisions Asian markets mixed ahead of central banks' rate decisions

Central banks in Britain and Japan will also announce their latest monetary policy decisions this week


No liquidity crisis in banking sector, says PM No liquidity crisis in banking sector, says PM

The Prime Minister said this while winding up her speech on the supplementary budget for 2018-19 fiscal year in absence of Finance Minister


India announces retaliatory trade tariffs against the US India announces retaliatory trade tariffs against the US

The move is the latest push by the Trump administration to redress what it considers to be unfair trading relationships with other countries


Budget is people-oriented, business-friendly:  FBCCI Budget is people-oriented, business-friendly: FBCCI

FBCCI president Sheikh Fazle Fahim says that This is a business friendly budget. It will accelerate the pace of development in the country


US stocks rise as Disney advances US stocks rise as Disney advances

The Dow Jones Industrial Average jumped 101.94 points, or 0.39 per cent, to 26,106.77 on Thursday


GDP target achievable but its investment ratio must increase: FICCI Investment ratio must increase to achieve GDP : FICCI

Foreign Investors’ Chamber of Commerce and Industry’s (FICCI)  said the GDP growth target of 8.2 percent is achievable


Hong Kong stocks open with further losses Hong Kong stocks open with further losses

The Hang Seng Index fell 0.72 percent, or 196.90 points to 27,111.56


Poverty rate expected to be reduced by 10 percent in four years Poverty rate expected to be reduced by 10pc in 4 years

The social safety net coverage has expanded in the budget increasing the number of beneficiaries to 78.71 lakh including from the existing 6,602,500


Every upazila to get tax office Every upazila to get tax office

Finance minister AHM Mustafa Kamal says that the government’s main aim is to collect more income tax by broadening the tax base without increasing the tax rate


Tk 3528 cr proposed for PMO Tk 3528 cr proposed for PMO

The proposed allocation for the PMO is Taka 711 crore higher in comparison to the revised budget for the FY 2018-2019


New budget won’t spark price spiral: Finance Minister New budget won’t spark price spiral: Finance Minister

 There is no component in the budget for the 2019-2020 fiscal year which may cause a price spiral of essential commodities


Taka 2,02,721cr ADP in FY20 budget Taka 2,02,721cr ADP in FY20 budget

In terms of sector-wise allocation, the transport sector received the highest ADP allocation of Taka 52,806 crore or 26.05 percent of the original ADP

 < 1 2 3 4 >  End ›
Top